In Hungary, things have changed for the online betting industry – for the better. In this article, we explore the most popular Hungary betting sites, tackle the legality of betting in Hungary, popular payment methods, and how to choose and bet with the right bookmaker.
- Online Betting in Hungary Explained
- Best Betting Sites We Recommend for Betting in Hungary
- Is Online Betting Legal in Hungary?
- Choosing a Good Online Bookie in Hungary
- Popular Payment Methods for Hungarian Bettors
- Live Betting in Hungary
- How to Bet Online in Hungary
- Other Country Betting Guides - Click Each Flag To Learn More
- Best Hungary Betting Sites FAQs
- ThePuntersPage Final Say
Online Betting in Hungary Explained
Sports betting is very popular in Hungary, with football the most loved sport among the population of over 10 million. Hungary has become a hotbed for online gambling due to the government’s ease of restrictions on online betting some years ago. The past few years saw hard times for the betting industry, as the government exercised monopoly over all forms of betting from 1991 to 2011. Within that period, the government tried to block and blacklisted foreign online bookmakers to try and protect the monopoly in place.
In 2012, after several discussions and with pressure from the European Union, the Hungarian government decided to relax the restrictions levelled against foreign bookies online to allow for competition on the Hungarian betting market. After these restrictions were lifted, the online betting industry in Hungary began to see many top bookmakers switch their attention to the country. The betting scene is Hungary is similar to that of the United Kingdom, though the rules of engagement might differ between the two countries.
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#1
 bet365
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T&Cs APPLY, 18+ ONLY
Returns exclude Bet Credits stake. T&Cs, time limits and exclusions apply. #ad |
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#2
Betwinner
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T&Cs APPLY, 18+ ONLY
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Rabona
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T&Cs APPLY, 18+ ONLY
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T&Cs APPLY, 18+ ONLY
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1bet
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T&Cs APPLY, 18+ ONLY
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Excitewin
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T&Cs APPLY, 18+ ONLY
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Is Online Betting Legal in Hungary?
Online betting is legal in Hungary, despite the fact that the government has monopolised land-based betting. However, the government does not supervise or regulate online betting sites as there is no proper legislation for that purpose. Initially, the government tried to block foreign online bookmakers from reaching out to their Hungarian players, but with pressure from the European Union, in 2016 the government decided to allow online bookmakers to operate in Hungary.
Since the Hungarian government does not supervise online betting activities, you need to do your research carefully before registering with a betting site. Not to worry though – the best bookmakers that we've listed on our site are all licensed in other countries, so your details and personal information are totally secured when betting with any of them.
Choosing a Good Online Bookie in Hungary
Here are a few factors that you should keep in mind when choosing a Hungary betting site:
- Choose a betting site which offers Hungarian Forints as a currency option to avoid paying for exchange rate fees. Wagering with an online Hungarian bookie that allows you to fund your account with Forints is great, as you will not need to convert your currency. Bookies like bet365, Unibet, 1XBet, Betfair and 888sport all accept deposits in Hungarian Forints.
- For your convenience, especially if you are a foreigner in Hungary and are therefore betting online abroad, you should choose a bookmaker that has similar features to the best UK bookies. UK betting is the most standardised and the hallmark of regulated betting. With a standard UK bookie, you are assured of customer service, fraud protection, data protection and general safety; just like the process of wagering, which is very smooth and transparent.
- You need to also consider the bookie which offers the best betting odds on the market. Being wise about the quality of odds on offer is essential to making a profit. Your profit margin is tied to how competitive your odds are, so performing the necessary comparisons in terms of odds is not a bad idea.
- The best Hungary betting sites listed on this page all have some degree of bonuses and promotions, if not all. It is important for you to consider these offers when choosing a bookmaker, as they can really add an edge to your betting experience, making it even more enjoyable. Online Hungary bookmakers offer similar bonuses to the UK, including refunds, matched free bets and no deposit free bets.
Popular Payment Methods for Hungarian Bettors
There are several ways which bettors can deposit and withdraw funds with an online bookie in Hungary. Many bookmakers in Hungary are subjected to quite extreme banking restrictions, which means you may encounter some difficulties in using some of the popular payment methods, including bank transfers and credit cards. Due to these banking restrictions and the tough betting laws on transfer and withdrawal of funds, e-wallets like PayPal, Skrill, Google Pay and Neteller are preferred and are the most used payment methods in Hungary.
It should also be noted that most of the betting sites Hungary players are registered with trade in Euros instead of the Hungarian Forints. When setting up an e-wallet account for betting, make sure to set your currency to Euros to reduce exchange rate fees anytime you wish to deposit. Having said that, it should be noted a few major bookmakers also accept deposits in Forints but allow you to wager in Euro at the current exchange rate. There are bookmakers which do accept Hungarian Forints, as mentioned earlier in the article, so if you can sign up to any of these, it would make your life a lot easier.
Deposits and withdrawals on online bookies in Hungary are free of tax, but you need to check with your chosen bookie if there are fees associated with deposits or withdrawals.
Live Betting in Hungary
Live betting is available in Hungary with some online bookies, though due to broadcasting rights, the sporting events available for in-play betting may be different to those in other countries. In-play betting in Hungary offers side bets and combination bets, as the process of placing bets is similar to that of the UK.
It's also worth knowing that due to the same broadcasting rights mentioned above, not all games are streamed live but are represented by animated charts with statistics to help the bettor place bets effectively without a live feed.
How to Bet Online in Hungary
Betting online in Hungary is not that different from it's done in the UK, though there might be different rules in place. The process involves picking your preferred online bookmaker, creating an account, depositing funds, placing bets and withdrawing winnings, which are the normal ways bets are placed in the UK and almost everywhere. Although football is the most popular sport in Hungary, many also bet on basketball and boxing.
The basic betting strategies also remain the same. If you are a beginner, start small and place your bets on markets that you know well. The more experience you gain over time, the better you get at complex markets and placing smart bets.
Other Country Betting Guides - Click Each Flag To Learn More
Australia
Brazil
Belgium
Canada
Denmark
France
Finland
Germany
Greece
Hong Kong
India
Ireland
Italy
Netherlands
Nigeria
Portugal
Spain
Sweden
SA
Ukraine
UK
USA
Best Hungary Betting Sites FAQs
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Based on our research, bet365, 22bet and 888sport lead the way as quality Hungary betting sites.
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Yes, online betting is legal in Hungary. Though it is not properly regulated by the government, all the bookmakers in Hungary are duly registered in other major countries.
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Most online bookies in Hungary trade in Euros instead of the Hungarian Forints, but it should be noted that other major bookmakers also accept deposits in Forints but allow you to wager in euro at the current exchange rate.
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The most popular payment methods for online betting in Hungary are e-wallet payment platforms like PayPal, Skrill, Google Pay and Neteller.
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No, deposits and withdrawals with online bookies in Hungary are tax-free, so there is no income tax on your winnings.
ThePuntersPage Final Say
Betting online in Hungary is very similar to betting in the United Kingdom. Despite the similarities between the two countries, it is very important to always read and understand the terms and conditions and always contact customer support if you do not understand anything or need any help. Several popular international betting sites operate in Hungary, and to choose the right one for you, always go by the advice mentioned in this guide.
Looking to bet somewhere new? Check out our detailed regulations guide to betting in different countries.
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